Analysts Set The Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Target Price at $47.67

Shares of The Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Get Free Report) have received an average recommendation of "Moderate Buy" from the seven analysts that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $47.67.

BWIN has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods raised their price target on shares of The Baldwin Insurance Group from $40.00 to $46.00 and gave the stock an "outperform" rating in a report on Wednesday, August 7th. UBS Group raised their target price on The Baldwin Insurance Group from $43.00 to $49.00 and gave the stock a "buy" rating in a research note on Tuesday, August 13th. JPMorgan Chase & Co. boosted their price target on The Baldwin Insurance Group from $45.00 to $54.00 and gave the company an "overweight" rating in a report on Thursday, October 10th. Jefferies Financial Group boosted their price target on shares of The Baldwin Insurance Group from $38.00 to $46.00 and gave the company a "hold" rating in a research report on Wednesday, October 9th. Finally, Wells Fargo & Company lifted their price target on The Baldwin Insurance Group from $39.00 to $46.00 and gave the company an "equal weight" rating in a research report on Thursday, October 10th.

Insider Buying and Selling

In other news, CFO Bradford Hale sold 10,000 shares of the business's stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $41.49, for a total transaction of $414,900.00. Following the completion of the transaction, the chief financial officer now directly owns 98,131 shares of the company's stock, valued at $4,071,455.19. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other The Baldwin Insurance Group news, CFO Bradford Hale sold 10,000 shares of the firm's stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $41.49, for a total value of $414,900.00. Following the transaction, the chief financial officer now directly owns 98,131 shares of the company's stock, valued at approximately $4,071,455.19. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider James Morgan Roche sold 36,684 shares of the company's stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $41.96, for a total transaction of $1,539,260.64. Following the sale, the insider now directly owns 396,815 shares of the company's stock, valued at $16,650,357.40. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 508,616 shares of company stock worth $21,947,676 in the last three months. Insiders own 20.14% of the company's stock.

The Baldwin Insurance Group Stock Performance

BWIN stock traded down $0.97 during trading on Friday, hitting $45.29. 723,426 shares of the company traded hands, compared to its average volume of 666,730. The stock has a 50-day moving average of $49.22. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.98 and a quick ratio of 0.98. The Baldwin Insurance Group has a 1 year low of $17.33 and a 1 year high of $55.82. The firm has a market capitalization of $5.33 billion, a price-to-earnings ratio of -56.61, a PEG ratio of 1.26 and a beta of 1.60.

The Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.01. The Baldwin Insurance Group had a positive return on equity of 10.46% and a negative net margin of 3.67%. The firm had revenue of $339.80 million during the quarter, compared to analyst estimates of $334.95 million. During the same quarter in the prior year, the firm posted $0.03 earnings per share. The business's quarterly revenue was up 14.3% compared to the same quarter last year. Sell-side analysts expect that The Baldwin Insurance Group will post 1.1 EPS for the current year.

The Baldwin Insurance Group Company Profile

The Baldwin Insurance Group, Inc operates as an independent insurance distribution firm that delivers insurance and risk management solutions in the United States. It operates through three segments: Insurance Advisory Solutions; Underwriting, Capacity & Technology Solutions; and Mainstreet Insurance Solutions.